Forum Replies Created
-
AuthorPosts
-
(former)FormerSanDiegan
Participantlostkitty – I remember you from a couple years back indicating that there was indeed life after San Diego. Seems like your timing of leaving southern CA and returning will be pretty good wrt the housing cycle.
Anyway, we suffered through a similar move several years ago, moving to LA (west side) from San Diego (in body but not in mind). There are some great neighborhoods and pockets of LA that until we moved here I didn;t really appreciate (It always just seemed like a big sprawling concrete jungle … well because mostly it is).
You didn’t give any indication of price range, which is pretty important.
Assuming that you desire to be reasonably close to the coast (e.g. 5-8 miles), here are my favorite livable areas. These are biased to the north and west of Gardena since that is what I am more familiar with.
Manhattan Beach – Some semi-reasonable areas in terms of affordability to the east. Extremely pricey near the coast.
El Segundo – pretty decent schools, kind of its own isolated community surrounded by industry/commercial on three sides.
Palos Verdes – Expensive enclave, similar in some respects to La Jolla and upper parts of Point Loma.
Upper parts of San Pedro – ON the same hill as Palos Verdes, there are some nice sections of San Pedro, that are directly proportional to altitude. But, I think you would probably have to take the private school path here.
Long Beach – I have no clue other than an observation that the area around the Aquarium was pretty nice when we visited there. There may be other decent options to the south
You also might want to consider the following areas :
Westchester – Just north of the airport. The elementary schools are good here. You might need to consider private school beyond that though (which is actually a general rule of thumb for the nicer parts of LA that fall within the LAUSD).
Culver City – The city has revitalized its downtown. Homes are affordable. Elementary schools are good. AFter that ? It is also going to be the first community on the west side with real transit to/from downtown (which I guess you don’t need). Lots of excellent programs for kids.
If you have some Cash …
Santa Monica – Very good schools. Coastal. Prices are just now starting to recede a bit. It will take you about 30 minutes in the morning to get to Gardena, but might take considerably longer in the evening because of traffic patterns.
ParticipantWhy not also get rid of all of those lousy private credit unions too ?
ParticipantWhy not also get rid of all of those lousy private credit unions too ?
ParticipantWhy not also get rid of all of those lousy private credit unions too ?
ParticipantWhy not also get rid of all of those lousy private credit unions too ?
ParticipantWhy not also get rid of all of those lousy private credit unions too ?
Participant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
Are you simply planning on floating your monthly expenses on CC and investing that or are you letting the debt accumulate for a couple years ?
Your position would be equivalent to a leveraged investment in commodities, so why not simply buy Ultra Pro shares in commodities ?
Putting your cash into these would have the same impact as holding the cash, piling up CC debt and investing in commodities, except that you would not be paying the expense on the debt. The only expense would be the lost interest on your savings (this is cheaper than CC debt).
These funds seek to match 200% of daily moves in various commodities :
Ultra DJ-AIG Commodity Index : UCD
Ultra DJ-AIG Crude Oil : UCO
Ultra Gold : UGL
Ultra Silver (update): AGQParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
Are you simply planning on floating your monthly expenses on CC and investing that or are you letting the debt accumulate for a couple years ?
Your position would be equivalent to a leveraged investment in commodities, so why not simply buy Ultra Pro shares in commodities ?
Putting your cash into these would have the same impact as holding the cash, piling up CC debt and investing in commodities, except that you would not be paying the expense on the debt. The only expense would be the lost interest on your savings (this is cheaper than CC debt).
These funds seek to match 200% of daily moves in various commodities :
Ultra DJ-AIG Commodity Index : UCD
Ultra DJ-AIG Crude Oil : UCO
Ultra Gold : UGL
Ultra Silver (update): AGQParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
Are you simply planning on floating your monthly expenses on CC and investing that or are you letting the debt accumulate for a couple years ?
Your position would be equivalent to a leveraged investment in commodities, so why not simply buy Ultra Pro shares in commodities ?
Putting your cash into these would have the same impact as holding the cash, piling up CC debt and investing in commodities, except that you would not be paying the expense on the debt. The only expense would be the lost interest on your savings (this is cheaper than CC debt).
These funds seek to match 200% of daily moves in various commodities :
Ultra DJ-AIG Commodity Index : UCD
Ultra DJ-AIG Crude Oil : UCO
Ultra Gold : UGL
Ultra Silver (update): AGQParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
Are you simply planning on floating your monthly expenses on CC and investing that or are you letting the debt accumulate for a couple years ?
Your position would be equivalent to a leveraged investment in commodities, so why not simply buy Ultra Pro shares in commodities ?
Putting your cash into these would have the same impact as holding the cash, piling up CC debt and investing in commodities, except that you would not be paying the expense on the debt. The only expense would be the lost interest on your savings (this is cheaper than CC debt).
These funds seek to match 200% of daily moves in various commodities :
Ultra DJ-AIG Commodity Index : UCD
Ultra DJ-AIG Crude Oil : UCO
Ultra Gold : UGL
Ultra Silver (update): AGQParticipant[quote=socrattt][quote=IONEGARM]Congrats, that is the worst idea I have heard today.
But I have hope, the day isn’t over yet.[/quote]
Let me guess you are waiting for your bailout and your mind never crossed the path of free thinking.
To all others who actually replied to my post with a common sense approach I appreciate it. My situation is a bit different than most. I do have hundreds of thousands of dollars to tap into as far as credit cards are concerned. I have a large amount of cash and my plan is to still pay the debt off within 1-2 years. I am not doing anything more than putting my monthly debt on cards. Obviously I can’t use credit cards for everything.
I know we haven’t hit hyper inflation quite yet, but I am betting that things will be changing within 2-3 months. Again, I am taking into consideration that I may be paying 15%-20%, but there is a great chance commodities will continue to increase and an even better chance that the dollar will devalue.
[/quote]
Are you simply planning on floating your monthly expenses on CC and investing that or are you letting the debt accumulate for a couple years ?
Your position would be equivalent to a leveraged investment in commodities, so why not simply buy Ultra Pro shares in commodities ?
Putting your cash into these would have the same impact as holding the cash, piling up CC debt and investing in commodities, except that you would not be paying the expense on the debt. The only expense would be the lost interest on your savings (this is cheaper than CC debt).
These funds seek to match 200% of daily moves in various commodities :
Ultra DJ-AIG Commodity Index : UCD
Ultra DJ-AIG Crude Oil : UCO
Ultra Gold : UGL
Ultra Silver (update): AGQParticipantThe general strategy you are contemplating boils down to borrowing in today’s $ and paying back in future dollars that re worth less because of inflation.
Most of the world is in the process of deleveraging right now, so you are going against the grain (sometimes that’s the best thing to do).
If you think this is the case, however this works best with fixed rates.
Credit card rates are subject to change, making them a poor choice.
ParticipantThe general strategy you are contemplating boils down to borrowing in today’s $ and paying back in future dollars that re worth less because of inflation.
Most of the world is in the process of deleveraging right now, so you are going against the grain (sometimes that’s the best thing to do).
If you think this is the case, however this works best with fixed rates.
Credit card rates are subject to change, making them a poor choice.
ParticipantThe general strategy you are contemplating boils down to borrowing in today’s $ and paying back in future dollars that re worth less because of inflation.
Most of the world is in the process of deleveraging right now, so you are going against the grain (sometimes that’s the best thing to do).
If you think this is the case, however this works best with fixed rates.
Credit card rates are subject to change, making them a poor choice.
-
AuthorPosts
